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Elbit Systems Ltd.
Advanced Technology Center
P.O.B 539, Haifa 31053
Israel

Tel: 972-4-8316663
Fax: 972-4-8316944
 
2009 Press Releases
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DateTitle  
12/14/09Breakthrough for Elbit Systems in the Unmanned Aerial Vehicles field
Successful Maiden Flight for Elbit Systems' Hermes® 900 UAV The new Hermes® 900 builds on the rich operational experience of the Hermes® 450, offering additional capabilities such as flight altitude of over 30,000 ft, long endurance, large payload capacity (up to 300kg), modular design allowing fast payload replacement and flight capabilities in adverse weather conditions Serial production of the UAV will commence shortly, following completion of additional test flights Haifa,... 
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12/09/09Elbit Systems Response to Publications Regarding Claim Filed by Pinpoint
Haifa, Israel, December 9, 2009 – Elbit Systems Ltd. (NASDAQ:ESLT) announced that it has been informed that a claim in the amount of approximately $10 million was filed in the District Court – Central District by Pinpoint Advance Corporation, against two of its Israeli subsidiaries - Elbit Systems Holdings (1997) Ltd. and Kinetics Ltd. as well as against Ya'akov Gadot, an officer of Elbit Systems Ltd. Elbit Systems believes that there is no merit to the allegations made in the claim and w... 
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11/19/09Elbit Systems Completes the Acquisition of the Assets of BVR Systems (1998) Ltd
Haifa, Israel, November 19, 2009 - Elbit Systems Ltd. (NASDAQ:ESLT) announced today, further to the announcement on July 20 2009, that after receiving all the applicable approvals it completed the acquisition of the assets of BVR Systems (1998) Ltd. (OTCBB:BVRSF.OB) for a price of approximately $34 million. BVR Systems (1998) Ltd., located in Rosh HaAyin, Israel, is engaged in the area of development and production of training, simulation and debriefing systems for air, sea and ground for... 
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11/18/09Elbit Systems Reports Third Quarter 2009 Results
Revenues increased by 9.1% YoY to $732.5 million; Net income increased by 63.7% YoY to $58.3 million; Diluted net earnings per share increased by 62.7% to $1.35 Haifa, Israel, November 18, 2009 – Elbit Systems Ltd. (the “Company”) (NASDAQ: ESLT, TASE: ESLT), the international defense electronics company, today reported its consolidated financial results for the third quarter ended September 30, 2009. Revenues increased by 9.1% to $732.5 million in the third quarter of 2009, as compared... 
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10/01/09Elbit Systems Schedules Third Quarter 2009 Resutls Release For November 18, 2009
Conference Call Scheduled for November 18, 2009 at 9:00am EST Haifa, Israel, October 1, 2009 – Elbit Systems Ltd. (NASDAQ: ESLT) announced today that it will be releasing its third quarter 2009 financial results on Wednesday, November 18, 2009. The Company will also be hosting a conference call later the same day, Wednesday, November 18, 2009 at 9:00 a.m. Eastern Standard Time. On the call, management will review and discuss the results and will be available to answer questions. To partici... 
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09/14/09Elbit Systems Completes $18 Million Acquisition for 19% of Mikal Ltd.
Haifa, Israel, 14 September, 2009 - Elbit Systems Ltd. (NASDAQ:ESLT) announced further to its announcement on June 15 2009, that after receiving all the appropriate approvals (or authorizations), the $18 million loan that was granted to Mikal Ltd., was converted to an equity investment, and Mikal will issue approximately 19% of its shares to Elbit Systems. As part of the agreement, Elbit Systems was granted the option to purchase the remaining shares of Mikal from the other shareholders, i... 
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08/18/09Elbit Systems to Supply the Finnish Army with Communication Systems for €17 Million
Haifa, Israel, August 18, 2009 - Elbit Systems Ltd. (NASDAQ: ESLT) announced today that it was awarded a contract valued at €17 million to provide Finland's Ministry of Defense with high speed radio and data transmission communication systems to be delivered during 2010 - 2012. Bezhalel (Butzi) Machlis, General Manager of Elbit Systems Land and C4I – Tadiran, noted that the selection of the Tadiran family of communication systems by the Finnish Ministry of Defense attests to the quality of... 
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08/12/09Elbit Systems Announces the Results of its Annual General Meeting of Shareholders Held on August 11, 2009
Haifa, Israel, August 12, 2009 - Elbit Systems Ltd. (NASDAQ : ESLT) (the "Company") announced today that at its Annual General Meeting of Shareholders (the "Meeting") held on August 11, 2009 at the Company's offices in Haifa, the proposed resolutions described in the Proxy Statement to the Shareholders dated July 6, 2009 (the "Proxy") and detailed hereunder, were approved by the required majority: that Messrs. M. Federmann, Arad, Asheri, D. Federmann, Ne’eman and Ninveh and Mrs. Baum are ... 
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08/12/09Elbit Systems Reports Second Quarter 2009 Results
Revenues increased by 11.5% YoY to $728.3 million; Net income increased by 91.7% YoY to $59.7 million; Diluted net earnings per share increased to $1.39 Haifa, Israel, August 12, 2009 – Elbit Systems Ltd. (the “Company”) (NASDAQ: ESLT, TASE: ESLT), the international defense electronics company, today reported its consolidated financial results for the second quarter ended June 30, 2009. Revenues increased by 11.5% to $728.3 million in the second quarter of 2009, as compared to $653.2 mil... 
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07/21/09Elbit Systems Schedules Second Quarter 2009 Resutls Release For August 12, 2009
Conference Call Scheduled for August 12, 2009 at 9:00am EDT Haifa, Israel, July 21, 2009 – Elbit Systems Ltd. (NASDAQ: ESLT) announced today that it will be releasing its second quarter 2009 financial results on Wednesday, August 12, 2009. The Company will also be hosting a conference call later the same day, Wednesday, August 12, 2009 at 9:00 a.m. Eastern Time. On the call, management will review and discuss the results and will be available to answer questions. To participate, please cal... 
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07/20/09Elbit Systems to Acquire the Assets of BVR Systems (1998) Ltd
Haifa, Israel, July 20, 2009 - Elbit Systems Ltd. (NASDAQ:ESLT) announced today that it signed an agreement for the acquisition of the assets of BVR Systems (1998) Ltd. (OTCBB:BVRSF.OB) for a price of $34 million, subject to accounting adjustments. The closing of the transaction is subject to the fulfillment of certain conditions including receipt of all approvals required by law. BVR Systems (1998) Ltd. is a leader in the area of development and production of training, simulation and debriefi... 
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07/15/09Elbit Systems to Establish Mission Training Center for Israeli Air Forces Fighter Pilots
The project is valued at $55 million and will include instruction and maintenance services Haifa, Israel, July 15, 2009 - Elbit Systems Ltd. (NASDAQ: ESLT) announced today that it was awarded a contract from the Israeli Ministry of Defence for the establishment of a mission training center for the Israeli Air Force's (IAF) pilots of F-16C/D and F-16I fighter aircraft. The center will be operated through a PFI (Private Financing Initiative) concept, and will include, among others, a develo... 
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07/07/09Elbit Systems to Provide Operation and Maintenance Services for the New Israeli Air Force Trainer, "Effroni"
Haifa, Israel, July 7, 2009 - Elbit Systems Ltd. (NASDAQ: ESLT) announced today that it was awarded a contract by the Israeli Ministry of Defense for the operation and maintenance of the new Israeli Air Force's trainer, Beechcraft T-6 ("Effroni"). The contract amount which is not material to Elbit Systems, will be delivered over the course of five years, with an option for an additional five years. The IAF's new T-6 replaces jet trainer Fouga Magister ("Zukit") that has served the IAF's fl... 
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06/25/09Elbit Systems to Supply the Israeli Ministry of Transportation with C-MUSIC for $76 Million
Haifa, Israel, 25 June, 2009 - Elbit Systems Ltd. (NASDAQ: ESLT), announced that it will supply the Israeli Ministry of Transportation with the C-MUSIC system (commercial multi-spectral infrared countermeasure) under a contract in the amount of approximately $76 million. The system, to be supplied by Elbit Systems' wholly owned subsidiary, Elbit Systems Electro-optics El-Op Ltd., is to be installed aboard a variety of commercial aircraft owned by Israeli commercial airlines. C-MUSIC is ba... 
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06/16/09Elbit Systems' Joint Venture with Rockwell Collins', VSI, to Supply Helmet Mounted Displays for F-35 Aircraft under Contracts Valued at $54.1 Million
Haifa, Israel, 16 June 2009 – Elbit Systems Ltd. (NASDAQ: ESLT) announced that its joint venture with Rockwell Collins, Vision Systems International, LLC (VSI), has received several new contracts with a total value of more than $54.1 million relating to the F-35 aircraft. The contracts received from Lockheed Martin Corporation, include the delivery of 52 F-35 Helmet Mounted Displays and 30 additional aircraft systems. VSI also received initial funding for the Pilot Fit Facility Standup at Eglin... 
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06/15/09Elbit Systems to Invest $18 Million for 19% of Mikal Ltd. with an Option to Acquire the Remaining Shares
Haifa, Israel,15 June, 2009 - Elbit Systems Ltd. (NASDAQ: ESLT), announced today that it signed an agreement with Mikal Ltd. ("Mikal") under which it will invest approximately $18 million in Mikal in consideration for the issuance of approximately 19% of Mikal's shares. As part of the of the agreement, Elbit Systems also will be granted the option to purchase all of the remaining shares of Mikal from its shareholders. In the first stage of the transaction, Elbit Systems will transfer to Mikal $... 
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06/01/09ATK and Elbit Systems Conduct Successful Flight Test of GATR From Helicopter
Haifa, Israel, June 1, 2009- Elbit Systems Ltd. (NASDAQ: ESLT) and Alliant Techsystems (NYSE: ATK) announced today that they have successfully conducted flight tests of the Guided Advanced Tactical Rocket (GATR). In a recent demonstration, conducted in Israel, GATR was employed from a helicopter using lock-on before launch to engage an off boresight target at a range of approximately three (3) kilometers. ATK and Elbit Systems validated flight worthiness, safe separation launch, and autono... 
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05/20/09Elbit Systems Reports First Quarter 2009 Results
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05/20/09Elbit Systems Reports Strong First Quarter 2009 Results
Record backlog of orders at $5.1 billion; Revenues increased by 6.6% YoY to $657 million; Diluted net earnings per share increased by 36% YoY to $1.02 Haifa, Israel, May 20, 2009 – Elbit Systems Ltd. (the “Company”) (NASDAQ: ESLT, TASE: ESLT), the international defense company, today reported its consolidated financial results for the first quarter ended March 31, 2009. Consolidated revenues increased by 6.6% to $656.9 million, as compared to $616.1 million in the first quarter of ... 
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05/18/09Elbit Systems Awarded €25 Million Contract to Supply Austrian Army with 12.7MM Weapon Stations
Fully developed by Elbit Systems, the new Electrically Remote Controlled Weapon Station- Medium (ERCWS- M) will be integrated on the IVECO Defense Vehicles LMV 4X4 Haifa, Israel, May 18, 2009 – Elbit Systems Ltd. (NASDAQ:ESLT) announced it has been awarded a contract valued at €25 million to supply the Austrian Army with Elbit Systems' new 12.7mm unmanned Electrically Remote Controlled Weapon Stations. The systems will be delivered over the course of the next four years. The contract for ... 
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05/17/09Elbit Systems U.S. Subsidiary and General Dynamics Form Joint Venture to Provide Tactical UAVs to U.S. Market
Haifa, Israel, May 17, 2009 – Elbit Systems Ltd. (NASDAQ:ESLT) announced today that its subsidiary, Elbit Systems of America, LLC and General Dynamics Armament and Technical Products have formed a new joint venture named UAS Dynamics, LLC, to provide unmanned aerial systems (UAS) to the Department of Defense (DoD) and other potential U.S. government customers through programs such as the recently announced U.S. Marine Corps’ Small Tactical Unmanned Aircraft System (STUAS)/Tier II program. The ... 
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05/14/09Elbit Systems U.S. Subsidiary Awarded Contract with Potential of Up to $197.2 Million to Provide Mortar Fire Control Systems Integration to U.S Army
Initial order valued at $22 million expected shortly Haifa, Israel, May 14, 2009 - Elbit Systems Ltd. (NASDAQ: ESLT) announced today that its wholly owned U.S. subsidiary, Elbit Systems of America was awarded a contract from the U.S. Army for the Mortar Fire Control (MFC) Systems Integration program. The contract is a hybrid Indefinite Delivery /Indefinite Quantity-Time and Materials (ID/IQ-T&M) type contract, which provides for orders up to $197.5 million amount over a five-year period. T... 
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05/07/09Elbit Systems awarded $55 million Lockheed Martin contract to Supply Electronic Warfare Equipment for Canadian Navy Frigate Upgrade Program
Haifa, Israel, May 7, 2009 – Elbit Systems Ltd. (NASDAQ:ESLT) announced today that its subsidiary, Elisra Electronic Systems Ltd. (Elisra), was awarded a contract by Lockheed Martin Canada Ltd valued at approximately $55 million to supply Electronic Warfare (EW) equipment for the Canadian Navy’s Halifax Frigate Modernization program. Elisra's systems were selected after meeting the strict standards and challenges required by the customer. Elisra CEO, Itzhak Gat, said he takes great pride i... 
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05/05/09Elbit Systems' U.S. Subsidiary Selected to Provide Soldier-Worn Computer Systems to U.S. Army for the Ground Soldier Ensemble Program
Haifa, May 5, 2009 – Elbit Systems Ltd. (NASDAQ: ESLT) announced today that its wholly-owned subsidiary Elbit Systems of America, LLC, has been selected as part of an industry team led by Rockwell Collins for the system integration and prototype phase of the Ground Soldier Ensemble (GSE) program for the U.S. Army. Elbit Systems of America and Rockwell Collins together formed “Team Spartan”. The team was selected, as one of three teams, in a competition among several U.S. companies to deve... 
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04/27/09Elbit Systems Schedules First Quarter 2009 Results Release for May 20, 2009
Conference Call Scheduled for May 20, 2009 at 9:30am EDT Haifa, Israel, April 27, 2009– Elbit Systems Ltd. (NASDAQ: ESLT) announced today that it will be releasing its first quarter 2009 financial results on Wednesday, May 20, 2009. The Company will also be hosting a conference call later the same day, Wednesday, May 20, 2009 at 9:30am Eastern Time. On the call, management will review and discuss the results and will be available to answer questions. To participate, please call one of the ... 
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04/07/09Elbit Systems Purchases Balance of Shares of Kinetics
Haifa, Israel, April 7, 2009 - Elbit Systems Ltd. (NASDAQ: ESLT) (the "Company") announced today that it completed the purchase of the shares of its previously 51%-owned subsidiary Kinetics Ltd. ("Kinetics"). Under the transaction the Company purchased the remaining 49% of the shares from Kinetics' minority shareholders. The total consideration, which was paid in cash, for the 49% of the shares was $110 million, which could increase up to an additional approximately $8 million pending Kine... 
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03/11/09Elbit Systems Reports Record Fourth Quarter and Full Year 2008 Results
Revenues increased by 33% to $2.64 billion in 2008 with net profit of $204 million and EPS of $4.78; Fourth quarter revenues increased 18.1% YoY to $698 million with net income of $105 million; Backlog of orders over $5 billion; Dividend of $0.80 per share for the forth quarter Haifa, Israel, March 11, 2009 – Elbit Systems Ltd. (the “Company”) (NASDAQ: ESLT, TASE: ESLT), the international defense electronics company, today reported its consolidated results for the fourth quarter and ful... 
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03/03/09Elbit Systems Schedules Full Year 2008 and Fourth Quarter Results Release For March 11, 2009
Conference Call Scheduled for March 11, 2009 at 11am ET Haifa, Israel, March 3, 2009– Elbit Systems Ltd. (NASDAQ: ESLT) announced today that it will be releasing its fourth quarter and full year 2008 financial results on Wednesday, March 11, 2009. The Company will also be hosting a conference call later the same day, Wednesday, March 11 at 11am ET. On the call, management will review and discuss the results and will be available to answer questions. To participate, please call one of the t... 
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03/01/09Adi Dar Appointed General Manager of Elbit Systems Electro-Optics Elop
Haifa, Israel, March 1, 2009 - Elbit Systems Ltd. (NASDAQ: ESLT) today announced that, effective April 7 2009, Adi Dar will become General Manager of Elbit Systems Electro-Optics Elop Ltd. ("Elop"). Dar will replace Haim Rousso, who will become Elbit Systems Ltd.s Executive Vice President for Engineering and Technology Excellence. Dar has served as Elop's Vice President for Business Development since 2006. Previously, he served in a number of management positions in Elbit Systems, which he... 
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02/24/09Elbit Systems completes acquisition of Shiron Satellite Communications for $16 Million
Haifa, Israel, February 24, 2009 - Elbit Systems Ltd. (NASDAQ:ESLT) announced, further to its announcement on January 8, 2008, that its whollyowned Israeli subsidiary, Elbit Systems Land and C4I-Tadiran Ltd. ("ESLC-T") acquired all of the shares of Shiron Satellite Communications (1996) Ltd. ("Shiron"), a privately-owned Israeli company, for a purchase price of $16 million. Shiron is engaged in the broadband communication market. Its solutions are suited for the growing interactive multime... 
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01/26/09Elbit Systems Awarded Israeli Ministry of Defense Contract Valued at $40 Million to Supply Skylark® I LE Mini-UAV
Haifa, Israel, January 26, 2009 – Elbit Systems Ltd. (NASDAQ:ESLT) announced, further to its announcement dated December 16, 2008, that it was awarded an approximately $40 million contract by the Israeli Ministry of Defense to supply the Skylark® I LE mini-UAVs for all Israel Defense Forces (IDF) Ground Forces battalions, including training and logistics support. The project is to be delivered over the next few years, subject to the IDF's requirements and procurement process. Elbit System... 
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